🚀 go-pugleaf

>> 
>> Loans For You wrote in message <6m77u9$b4q$1@news01.iafrica.com>...
>> >Do you require finance?If so then let us help you.We have access to Funds
>> >worth well over $1 000 000 00 a month.We ARE AGENTS & do REQUIRE an upfront
>> >fee.
>> 
Reputable loan brokers DO NOT charge up front fees in the UK, and every
broker has access to the entire market, so numbers such as Xpm are just
silly flannel, ( it is only individual lenders who limit funds for
purposes).

Cost structure as follows:-

1) Preparation of basic report for lender. This will involve looking at
your accounts, understanding your business etc and preparing a report.
This will normally be charged for, but not as a profit centre, ie a
couple of hundred to shake out the time wasters, but they should have
spent an hour or two with you, plus working up the documentation, so you
can see that this is not about their profits.

2) Additional fees to third parties for their reports as required by the
lender ( eg accountants, valuers etc). Which reports and at what cost
depends on each case. The broker makes no turn on these.

3) Brokers fee, 1-3% depending on complexity of case, paid out of loans
recieved, only WHEN the monies are recieved by the client. This means On
Completion, NOT on offer....

4) Brokers contingency payment. Normally as (3) but due if your bank
reacts to realising that it is about to be broked out of your business
by making you an offer that you cannot refuse. Since the aim in most of
these cases is not to find a new lender, but to reduce interest costs
this counts as a success even though no new lender has been arranged.    
-- 
Ian Dickson       Moneyweb - http://www.moneyweb.co.uk    01242 680151
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